Return to normal in Hormuz strait to take months, CMA CGM tells Les Echos
Return to normal in Hormuz strait to take months, CMA CGM tells Les Echos PARIS, July 1 (Reuters) - French shipping group CMA CGM hopes the shipping situation in the Strait of Hormuz will improve in the coming days but expects a return to normal to take several months, its chairman and CEO Rodolphe Saade told Les Echos newspaper.
The group has had several vessels stuck inside the Gulf since the start of the Iran war, Saade said in an interview published on Wednesday.
(Reporting by Gus Trompiz; Editing by Kevin Liffey)
Recent news on FedEx
See all newsBrief: Fedex To Implement A General Rate Increase For India Effective January 4, 2027
Uber gets green light to pursue racketeering case against Philadelphia lawyer (updated)
Uber gets green light to pursue racketeering case against Philadelphia lawyer
FAA tells US airlines to exercise caution in Saudi Arabia flights, citing safety risks (updated)
Brief: FedEx Dataworks And Stripe Announce Long-Term Strategic Collaboration